Acen Balance Sheet Health
Financial Health criteria checks 3/6
Acen has a total shareholder equity of ₱158.2B and total debt of ₱100.6B, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are ₱289.3B and ₱131.1B respectively. Acen's EBIT is ₱636.9M making its interest coverage ratio -0.1. It has cash and short-term investments of ₱31.3B.
Key information
63.6%
Debt to equity ratio
₱100.60b
Debt
Interest coverage ratio | -0.1x |
Cash | ₱31.30b |
Equity | ₱158.20b |
Total liabilities | ₱131.06b |
Total assets | ₱289.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACEN's short term assets (₱62.3B) exceed its short term liabilities (₱18.5B).
Long Term Liabilities: ACEN's short term assets (₱62.3B) do not cover its long term liabilities (₱112.6B).
Debt to Equity History and Analysis
Debt Level: ACEN's net debt to equity ratio (43.8%) is considered high.
Reducing Debt: ACEN's debt to equity ratio has reduced from 80.4% to 63.6% over the past 5 years.
Debt Coverage: ACEN's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: ACEN earns more interest than it pays, so coverage of interest payments is not a concern.